Looming Brexit Forces Canada Life to Stop Selling Annuities to Expats in the EU
Canada Life admits unawareness regarding any insurance provider offering annuities to non-residents
‘Final salary’ pension transfers witness an upward jump of £40,000 in 2019
The recipients of ‘final salary’ pension transfers received £40,000 more than participants opting for the same last year, finds a recent survey. Workers with defined-benefit pensions are ditching regular monthly payments for these lump-sum payouts across the country.
U.S Equity Markets Start 2019 On a Strong Note with a Solid First Quarter
It was nothing short of a dream run for American large-cap stocks, as the S&P 500 witnessed one of its finest quarters at the end of March 2019. This is the first time in U.S. history that a bull market has run for ten straight years. The prolific first-quarter results provided the best start to a year since 1998.
A Regulatory Overview of 2018: MiFID II, PRIIPs & AnaCredit
2018 was a monumental year for the European regulatory framework. The region witnessed the introduction of MiFID II, PRIIPs, the enactment of GDPR, and AnaCredit, with each having a massive impact on some of the largest global organisations.
Brexit Deal Failure could see UK pension deficits soar by a third
News over a Brexit deal or no deal has been dominating headlines for quite some time and has been spreading worry and concerns for many UK expats who have decided to expatriate themselves overseas for a better lifestyle or retirement.
How will the Lifetime allowance effect my UK pension if I live overseas?
What is the lifetime allowance? Pension simplification came in to effect from 6th April 2006 to rationalise the British tax system in regards to pension schemes. One of the policies introduced was the lifetime allowance for all UK pensions.